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Annuity Present Value. If Alice starts saving $800.00 at the end of each quarter for the next 10 years. Given that the account pays her

Annuity Present Value. If Alice starts saving $800.00 at the end of each quarter for the next 10 years. Given that the account pays her 5.25% compounded quarterly, what is the total present value of her saving (round to nearest the cent)? a. $26,385.64 Ob. $24,772.31 Oc. $24,405.26 Od. $26,025.88 Sinking Funds. Manchester United Football Club plans to set up a sinking fund to repay 20,000,000.00 in 20 years. If the lender offers an interest rate of 6.75% compounded monthly, how much will Manchester United need to pay monthly (round to the nearest penny)? O a. 2,250,000.00 O b. 93,010.53 O c. 39,572.80 O d. 3,044.06

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